Steel Dynamics Reports First Quarter 2024 Results
Steel Dynamics, Inc. (STLD)
Last steel dynamics, inc. earnings: 4/20 06:00 pm
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US:NASDAQ Investor Relations:
ir.steeldynamics.com/presentations
Company Research
Source: PR Newswire
FORT WAYNE, Ind., April 23, 2024 /PRNewswire/ --First Quarter 2024 Performance Highlights:Steel shipments of 3.3 million tonsNet sales of $4.7 billion, operating income of $751 million, net income of $584 million, and adjusted EBITDA of $879 millionCash flow from operations of $355 million, which was reduced by the annual companywide profit-sharing contribution of $265 million in the quarterStrong liquidity of $3.1 billion as of March 31, 2024Share repurchases of $298 million of the company's common stock, representing 1.5 percent of its outstanding sharesFirst quarter 2024 cash dividend increase of 8 percentSteel Dynamics, Inc. (NASDAQ/GS: STLD) today announced first quarter 2024 financial results. The company reported first quarter 2024 net sales of $4.7 billion and net income of $584 million, or $3.67 per diluted share. Comparatively, the company's sequential fourth quarter 2023 net income was $424 million, or $2.61 per diluted share and prior year first quarter net income was $637
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News
- Shareholders Would Not Be Objecting To Steel Dynamics, Inc.'s (NASDAQ:STLD) CEO Compensation And Here's Why [Yahoo! Finance]Yahoo! Finance
- Steel Dynamics, Inc. (NASDAQ:STLD) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Steel Dynamics, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next [Yahoo! Finance]Yahoo! Finance
- Steel Dynamics (STLD) Q1 Earnings Top on Higher Selling Prices [Yahoo! Finance]Yahoo! Finance
- Reminder: Steel Dynamics Announces First Quarter 2024 Earnings Conference Call and WebcastPR Newswire
STLD
Earnings
- 4/23/24 - Beat
STLD
Sec Filings
- 5/1/24 - Form 4
- 5/1/24 - Form 4
- 4/24/24 - Form 8-K
- STLD's page on the SEC website